The Reserve Bank has continued with the recent trend and decided to leave official interest rates on hold at 3 per cent at its meeting this week. This is the third consecutive month rates have remained on hold. Many home owners are asking the question, is now a good time to lock in my interest rate? There is no easy way to answer that question, …
Continue readingDaylight Saving time ends in New South Wales this Sunday the 7th of April 2013 at 3.00 am, when clocks will be put backward one hour. This is also a timely reminder to change the batteries in your smoke alarm. Fire departments nationwide are working tirelessly to remind people of the simple, life-saving habit of changing and testing the batteries in smoke alarms when setting the …
Continue readingTax depreciation is a deduction against assessable taxable income, generated by a residential or commercial investment property. It works by allowing property investors to deduct a portion of the original costs of plant and equipment (such as furniture and fittings) and capital works (such as renovations) on their investment property each financial year, over the effective life of that item. The Australian Taxation Office recognises …
Continue readingAn important piece of architecture in Wagga Wagga’s history is currently on the market with Fitzpatricks Real Estate. The historic property located on the corner of Kincaid and Trail Streets will go under the hammer on Wednesday the 1st May 2013. “Belmore” was built around 1870 and is a significant piece of Wagga Wagga’s history and streetscape. The original owner AG Jones, (co-founder of the …
Continue readingIn 2013 we will be continuing our focus on ensuring your property is well maintained. To ensure this, we will be carrying out regular routine inspections to identify repairs or updates required. This doesn’t mean you will be just putting your hand in your pocket, there are many benefits of maintaining your property.
Continue reading